Langwathby Stores & Post Office, Langwathby, Penrith, CA10 1LW
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- SECTOR
Post office for sale
Key features
- Rarely available freehold store & post office
- Advised net weekly turnover c. £23,000+
- Monopoly, central position in the village
- Established, strong ties with local community
- Potential to develop, subject to planning
- Well-presented store. Energy Rating C
- Christie & Co Ref: 5613572
Description
A rare opportunity to acquire a high performing convenience store and Post Office within an idyllic Cumbrian village, with potential to develop the large property above back into accommodation. This opportunity is expected to attract high levels of interest so we would recommend initial parties to get in touch as a matter of priority.
LocationThe business is situated in the heart of Langwathby, a highly desirable village situated just 5 miles Northeast of Penrith and on the outskirts of the Lake District. The village itself is well catered for with a range of amenities and facilities. There is a nursery, primary school, and a popular pub. The M6 is just a short 10-minute journey away as is the nearby A66. There is also a train station in the village. The village remains continually active with regular events taking place on the village green. There are also countryside walks from the doorstep with the Eden Valley fells a short distance away as well as the North Lakeland Fells.
Internal DetailsThe trading area features gondolas, purpose-built chillers, freezers units and shelving around the perimeter. The payment kiosk is to the left-hand side of the entrance with the Post Office section adjoining the tills. There have been draft plans created to extend retail space, but this has not gone to planning, allowing the incoming buyer to add value how they see fit.
Fixtures & FittingsAll fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.
External DetailsExternally, the property benefits from front street unregulated parking.
Owner's AccommodationPreviously above the store was a three-bedroom apartment which is now used as storage. There is excellent potential to convert this back into living space and to rent out as a holiday let, generating further income, subject to planning consent.
The OpportunityThe vendors have owned the site for over 10 years and are now looking at a retirement sale. The business enjoys an unopposed position within the highly desirable and popular village of Langwathby, this profitable store is an ideal opportunity for operators looking for a lifestyle business and further benefits from extensive accommodation above that could be converted back into a three-bedroom apartment or a holiday let, generating a further income revenue.
StaffA staff schedule can be provided upon request.
Trading InformationTrading information provided by our client shows a net weekly turnover of c.£23,000+ and Post Office commissions of c. £19,500 per annum.
Full trading information can be provided to seriously interested parties.
Monday to Saturday: 7am - 7pm
Sunday: 8am - 6pm
Scope to increase opening hours.
There are currently no business rates paid by the vendor, due to current business rate relief.
RegulatoryTransfer of a Post Office appointment is at the sole discretion of the Post Office Network.
The appointment of the National Lottery is at the sole discretion of Alwyn Plc.
Premises licence.
Energy Performance Certificates
EPC 1Brochures
Langwathby Stores & Post Office, Langwathby, Penrith, CA10 1LW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Langwathby Station0.2 miles
- Lazonby & Kirkoswald Station4.0 miles
- Penrith Station4.2 miles
Notes
Disclaimer - Property reference 5613572-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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